Hock Tan

In a bid to secure a $69 billion deal, Broadcom Inc. (NASDAQ:AVGO) CEO, Hock Tan, shelled out $40,000 to dine with China’s President, Xi Jinping. This dinner, held during Jinping’s recent meet-up with American business magnates in San Francisco, has sparked discussions over...

China has finally approved Broadcom‘s (NASDAQ:AVGO) acquisition of VMware (NYSE:VMW), enabling the $61 billion acquisition to close. The stock has been surging for the past year, up about 85%. Over the past month alone, the stock is up 17% and has created a new 52-week high of ~$1000 as it...

Broadcom Inc (NASDAQ: AVGO) shares are trading higher in Thursday's after-hours session after the company's fourth-quarter results and guidance came in above analyst expectations.  What Happened: Broadcom reported fiscal fourth-quarter revenue of $8.93 billion,...

Jim Cramer is set to conduct interviews with executives from a handful of popular companies Tuesday night on CNBC's "Mad Money." What To Know: Broadcom Inc (NASDAQ: AVGO), Palo Alto Networks Inc (NASDAQ: PANW), Lyft Inc (NASDAQ: LYFT) and E.L.F. Beauty ...

Broadcom Inc (NASDAQ: AVGO) on Thursday announced it will acquire Vmware Inc (NYSE: VMW) in a cash-and-stock transaction that values the multi-cloud company at approximately $61 billion. What To Know: VMware's multi-cloud portfolio spans application...

Broadcom Inc (NASDAQ: AVGO) is reportedly in discussions to take over cloud computing company VMWare Inc (NYSE: VMW). What Happened: The San Jose, California-based semiconductors and infrastructure software solutions company is looking to purchase VMWare, Bloomberg reported, citing people familiar...

Chip stocks were trading mostly lower Friday after Broadcom Inc (NASDAQ: AVGO) issued a concerning second-quarter earnings report and cautious outlook. What Happened On Thursday, Broadcom said it earned $5.21 per share in the second quarter on revenue of $5.517 billion. Street analysts were...

Nomura analyst Romit Sha has upgraded Broadcom Ltd (NASDAQ: AVGO) shares to buy rating with the price target increased to $200 from $190. The analysts met with the company's CEO, Hock Tan, and expressed his comments on the stock. The analyst stated, "Contrary to reports (Nikkei, Digitimes) of a...

Avago Technologies Ltd (NASDAQ: AVGO) announced on Thursday it has entered into a definitive agreement to acquire Broadcom Corporation (NASDAQ: BRCM) for approximately $37 billion. As part of the deal, Avago will acquire Broadcom for $17 billion in cash consideration and the economic equivalent...